Which of the following is a benefit of the price system?

A) the existence of positive externalities
B) the production of public goods
C) Consumers have what they want since politicians and business managers decide what is to be produced.
D) the freedom of consumers to decide what they want to purchase

D

Economics

You might also like to view...

All of the following are preconditions for economic growth EXCEPT i. property rights. ii. democracy. iii. free markets

A) i only B) ii only C) iii only D) Both i and ii E) i, ii, and iii

Economics

Which of the following changes while moving along the aggregate demand curve?

A) future incomes of households B) the price level C) the amount of money in the economy D) future profits from investment projects

Economics